|Day's range||4.9200 - 4.9200|
Leggett (LEG) is benefiting from its long-term strategic plan amid ongoing industry challenges.
Hyatt (H) unveils its 13th property in Texas with the opening of Hyatt Regency Baytown-Houston and Hyatt Regency Conroe.
Royal Caribbean (RCL) focuses on commercial engine enhancements to drive growth. Also, improvement in the pricing environment bode well.
Norwegian Cruise's (NCLH) emphasis on onboard revenue generation bodes well. However, volatility in inflation, rising fuel prices and rising interest rates are a concern.
MGM Resorts (MGM) benefits from increased business volumes and travel activity, primarily at MGM China and Las Vegas Strip Resorts.
Ralph Lauren's (RL) Q4 results benefit from robust demand and brand strength. However, muted consumer spending, inflation and currency woes are concerning.
Here is how MGM Resorts (MGM) and Bluegreen Vacations Holding Corporation (BVH) have performed compared to their sector so far this year.
Red Rock Resorts (RRR) emphasizes on repositioning its land portfolio to drive growth. However, inflationary pressures are a headwind.
POOL benefits from solid expansion initiatives and brand recognition. However, high costs, seasonal risks and macroeconomic headwinds are concerns.
Per the Zacks analyst, Choice Hotels' (CHH) Ascend brand expansion in the United States showcases operational excellence and upscale growth opportunities.
PENN Entertainment (PENN) emphasizes on new loyalty program to drive growth. However, a rise in operating costs is a concern.
General Motors, United Airlines Holdings, Unum Group's, MGM Resorts International and U.S. Silica Holdings are part of the Zacks top Analyst Blog.
Yahoo Finance markets reporter Josh Schafer discusses the rise in Wynn Resorts shares amid an upgrade from Barclays and the overall pop in casino stocks, including Las Vegas Sands, MGM, and Caesars.
Mattel's (MAT) focus on its IP-driven toy business and the expansion of entertainment offerings bode well. However, inflationary pressure is a concern.
Three years after the onset of COVID-19 casino operators are starting to see business pick up in Macau. New research from Barclays says there's more to come.
We have narrowed our search to five value stocks. These are: SLCA, GM, UNM, MGM and UAL.
The deal shows how the sports betting industry — which some believe could more than double to be worth $167 billion by the end of decade —has been a tough one for smaller players to survive in. It's either find more capital to keep up with the Joneses, or leave the neighborhood.
A Gaming Stock With Upside Potential and One of the Largest Oil and Gas Companies.
Marriott (MAR) boosts shareholders' returns with a quarterly dividend hike of 30%. The company is optimistic about strong RevPAR recovery and growth in international markets.
Spectrum Brands' (SPB) Q2 results are hurt by lower first-half demand, inventory reduction and currency headwinds. However, pricing actions and cost-cutting efforts are upsides.
Yahoo Finance's Ines Ferre discusses the impact of China's recovery on U.S. consumers, retail sales, and companies, including Starbucks, Disney, and MGM Resorts.
Wynn Resorts' (WYNN) focuses on project developments to drive growth. However, a decline in traffic from pre-pandemic levels is a concern.
Caesars Entertainment Inc, MGM Resorts International and other casino-hotel operators in Atlantic City, New Jersey, have been sued by consumers in a proposed class action accusing them of artificially boosting room rental rates in violation of U.S. antitrust law. The 109-page lawsuit filed on Tuesday also named Hard Rock International Inc as a defendant, in addition to Florida-based hospitality technology company Cendyn Group LLC, which sells the shared pricing algorithm platform at the center of the alleged conspiracy. Two New Jersey residents filed the case.
The consensus price target hints at a 26.9% upside potential for MGM (MGM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.